BankSA savings and bank accounts

BankSA, a subsidiary of Westpac, offers bank accounts to suit personal and business customers, students and retirees.

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BankSA

BankSA savings accounts, bank accounts and term deposits

BankSA savings accounts

10 of 10 results
Finder Score Maximum interest rate Base interest rate Max rate type & duration Monthly max rate conditions
BankSA logo
Finder score
Finder score
Maximum Variable Rate p.a.
4.40%
Standard Variable Rate p.a.
0.10%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $0 to $249,999
Grow balance $50 ($0.01 if under 21) each month
More info
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BankSA logo
Finder score
Finder score
Maximum Variable Rate p.a.
4.25%
Standard Variable Rate p.a.
0.10%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance from $250,000
Grow balance $50 ($0.01 if under 21) each month
More info
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BankSA logo
Finder score
Finder score
Maximum Variable Rate p.a.
2.00%
Standard Variable Rate p.a.
2.00%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance from $250,000
More info
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BankSA logo
Finder score
Finder score
Maximum Variable Rate p.a.
4.60%
Standard Variable Rate p.a.
1.00%
Intro/Ongoing
6 month intro rate
Max Variable Rate includes 0.45% p.a. for 6 months for new customers who apply online
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BankSA logo
Finder score
Finder score
Maximum Variable Rate p.a.
1.55%
Standard Variable Rate p.a.
1.55%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $50,000 to $249,999
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BankSA logo
Finder score
Finder score
Maximum Variable Rate p.a.
1.20%
Standard Variable Rate p.a.
1.20%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $10,000 to $49,999
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BankSA logo
Finder score
Finder score
Maximum Variable Rate p.a.
0.45%
Standard Variable Rate p.a.
0.45%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance from $500,000
More info
Compare product selection
BankSA logo
Finder score
Finder score
Maximum Variable Rate p.a.
0.45%
Standard Variable Rate p.a.
0.45%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $0 to $499,999
More info
Compare product selection
BankSA logo
Finder score
Finder score
Maximum Variable Rate p.a.
0.45%
Standard Variable Rate p.a.
0.45%
Intro/Ongoing
Ongoing rate
(conditions apply)
More info
Compare product selection
BankSA logo
Finder score
Finder score
Maximum Variable Rate p.a.
0.05%
Standard Variable Rate p.a.
0.05%
Intro/Ongoing
Ongoing rate
(conditions apply)
Balance $0 to $9,999
More info
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Showing 10 of 10 results

How the Finder Score helps you find a better savings account

The Finder Score is a simple score out of 10. The higher a savings account's score, the better we think it is for the average customer.

We score each savings account in our database of hundreds based on a data-driven methodology with 2 main criteria: Does the account offer a high interest rate? And is it easy for savers to actually earn that rate?

Read the full breakdown

Want more interest on your savings?

Compare now and find a better rate.

BankSA bank accounts

5 of 5 results
Finder Score Monthly fee Govt. Guarantee Own network ATM fee Card type
BankSA logo
Finder score
BankSA Complete Freedom Account
Apple Pay Google Pay Samsung Pay
Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
Get $50 cashback when you open a new account and make an in-person, contactless transaction from a mobile wallet worth $50 or more within the first 15 days. T&Cs apply.
More info
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BankSA logo
Finder score
BankSA Concession Account
Apple Pay Google Pay Samsung Pay
Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More info
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BankSA logo
Finder score
Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
No Debit card
More info
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BankSA logo
Finder score
BankSA Freedom Business Account
Apple Pay Google Pay Samsung Pay
Finder score
Monthly fee
$10
Government Guarantee
Own network ATM fee
$0
Card type
Visa
More info
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BankSA logo
Finder score
BankSA Complete Freedom Student Account
Finder score
Monthly fee
$0
Government Guarantee
Own network ATM fee
$0
Card type
Visa
An everyday banking account for students with a linked Visa debit card and $0 monthly account service fee.
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Showing 5 of 5 results

Finder Score for bank accounts

We assess multiple product features for transaction accounts from over 100 providers and assign each product a score out of 10.

Read the full methodology

Looking for a better bank account?

Compare everyday accounts and find one that works harder for you.

BankSA term deposits

2 of 2 results
Finder Score 3 Mths p.a. 6 Mths p.a. 10 Mths p.a. 12 Mths p.a. 24 Mths p.a.
BankSA logo
Finder Score
BankSA Term Deposit
$1,000 min. deposit
$2,000,000 max. deposit
Finder Score
3 Mths p.a.
2.65%
6 Mths p.a.
2.90%
10 Mths p.a.
3.20%
12 Mths p.a.
3.55%
24 Mths p.a.
2.80%
Get 4.10% p.a. for 11 months (4.00% fixed rate special offer + 0.10% bonus when you sign up online). T&Cs apply.
More info
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BankSA logo
Finder Score
BankSA Business Term Deposit
$1,000 min. deposit
$2,000,000 max. deposit
Finder Score
3 Mths p.a.
2.65%
6 Mths p.a.
2.90%
10 Mths p.a.
3.20%
12 Mths p.a.
3.55%
24 Mths p.a.
2.80%
More info
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Showing 2 of 2 results

Finder Score for term deposits

Finder Score assigns Term Deposit products a score out of 10, comparing interest rates and features, to make comparison easier. We assess over 150 products from more than 90 providers, assessing products across different terms to determine an average score per product.

Read the full methodology

Lock in a great rate

Compare term deposits to grow your savings with confidence.

What do Australians think of BankSA bank account?

  • 4.05/5 overall for Customer Satisfaction - lower than the average of 4.11
  • 4.43/5 for Trust - equal to the average of 4.43
  • 4.01/5 for Customer Service - lower than the average of 4.07

Based on BankSA bank account scores in Finder's 2024 & 2025 Customer Satisfaction Awards.

Pros and cons of banking with BankSA

Pros

  • Variety of accounts to suit different customer needs
  • Access to a large network of branches across Australia
  • Part of Westpac Group, giving access to over 50,000 ATMs internationally
  • Cash bonus offers available when opening new accounts

Con

  • Overseas ATM and international transaction fees apply
  • Savings account interest rates are generally less competitive

How to apply for a BankSA savings account

Applying online for a new bank account is fast and easy. You'll need identity documents such as your driving licence or passport. For more about the process, check out our full guide to opening an account online.

Sources

Alison Banney's headshot
Written by

Editorial Manager, Money

Alison is an editor at Finder and a personal finance journalist with over 10 years of experience, having contributed to major financial institutions and publications such as Westpac, Money Magazine, and Yahoo Finance. She is frequently quoted in media outlets like SmartCompany and SBS, offering expert insights on superannuation and money management. Alison holds a Bachelor of Communications in Public Relations and Journalism from the University of Newcastle, and has earned three ASIC RG146 certifications in superannuation, securities and managed investments and general financial advice, ensuring her expertise is fully aligned with ASIC standards. See full bio

Alison's expertise
Alison has written 659 Finder guides across topics including:
  • Superannuation
  • Savings accounts, bank accounts and term deposits
  • Budgeting and money-saving hacks
  • Managing the cost of living

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4 Responses

    Default Gravatar
    PatOctober 29, 2024

    What is the BankSA BSB number please ?

      Angus Kidman's headshotFinder
      AngusOctober 29, 2024Finder

      Hi Pat, Note that we’re a comparison site, not BankSA itself. BankSA itself uses different BSB numbers depending on the branch that originally issued the account. Always be cautious if you’ve been asked to share funds to an unknown account via its BSB, as this might be a sign of a scam. If you want to check the details for a specific branch, you can contact BankSA on 13 13 76.

    Default Gravatar
    GayleApril 5, 2024

    Do you still offer bank accounts with cheques?

      Sarah Megginson's headshotFinder
      SarahJuly 3, 2024Finder

      Hi Gayle,

      Looking at their website, it looks like BankSA no longer offer cheques – more information here.

      Hope this helps!

Read more on Bank Accounts

  • BankSA Investment Cash Account

    The Investment Cash Account provides you with an easy way to take control over your excess investment funds, using them how and when you want to maximise your earning potential.

  • BankSA Incentive Saver Account

    With the Incentive Saver you are given plenty of reason to make a monthly deposit and leave the balance sitting tight towards your saving goal.

  • BankSA Business Access Saver Account

    When your business working capital is in a surplus, you can still put it to work earning interest with the Business Access Saver account.

  • BankSA Maxi Saver

    If you are looking for a fast way to grow your savings while still having complete access to them, then the Maxi Saver is worth considering.

  • BankSA term deposit

    Read our review about the BankSA term deposit; it could be a product worth adding to your comparison today.

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